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Carlos Ghosn Must Be Charged By April 22

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TOKYO -- The Tokyo District Court said on Friday it had extended Carlos Ghosn's detention period by eight days, giving prosecutors until April 22 to bring formal charges against the former Nissan boss or let him go. Ghosn was arrested for the fourth time last week on suspicion that he had tried to enrich himself at Nissan's expense, to the tune of $5 million. Ghosn, who had been released on $9 million bail in early March after spending 108 days in jail, has denied all allegations against him.

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FILE PHOTO - A video statement made by the former Nissan Motor chairman Carlos Ghosn is shown on a screen during a news conference by his lawyers at Foreign Correspondents' Club of Japan in Tokyo, Japan April 9, 2019. REUTERS/Issei Kato TOKYO (Reuters) - The Tokyo District Court said on Friday it had extended Carlos Ghosn’s detention period by eight days, giving prosecutors until April 22 to bring formal charges against the former Nissan Motor Co boss or let him go.

Automotive News reports Carlos Ghosn improperly charged Renault for a $3,400 scooter in the latest allegation by the automaker against its jailed former chairman. The two-wheeler was retrieved by Renault from its headquarters near Paris after company auditors questioned whether Ghosn was entitled to the benefit as part of his compensation said one souce. Ghosn was arrested in Tokyo in November on allegations of financial misconduct at the automaker's Japanese partner, Nissan.

FILE PHOTO: Greg Kelly, the former deputy of ousted Nissan chairman Carlos Ghosn, is seen in the car, as he leaves after being released from a detention centre in Tokyo, Japan, December 25, 2018. REUTERS/Kim Kyung-Hoon TOKYO (Reuters) - Nissan Motor Co Ltd (7201. T) said on Thursday it was preparing to hold an extraordinary shareholders meeting in mid-April to vote on removing former Chairman Carlos Ghosn and director Greg Kelly from the automaker’s board. The board already stripped them of their representative director titles in November following their arrest on suspicion of financial misconduct, but the Japanese automaker needs shareholders’ approval to fully oust them from the board.

TOKYO (Reuters) - Japanese prosecutors plan to indict former Nissan Motor Co Ltd (7201. T) Chairman Carlos Ghosn on two more charges of financial misconduct on Friday, a person with knowledge of the issue said, bringing the total number to three. The charges, which have been widely expected, add to an earlier charge of under-reporting his income by around half through 2015. At a court appearance earlier this week, Ghosn said all accusations against him were “meritless” and “unsubstantiated”. It is uncommon for defendants in Japan who deny charges to be granted bail ahead of trial, a tendency which has drawn widespread criticism, including from Ghosn’s defense team.

On Monday, Tokyo prosecutors charged Nissan's former chairman Carlos Ghosn with fraud.
The prosecutors also charged another executive, Greg Kelly, and the automaker itself for allegedly underreporting income.
As Per the AP, the charges imposed Monday involve allegations Ghosn's pay was underreported by about $44 million between 2011 and 2015.
Prosecutors said earlier that the allegations were the reason for Ghosn's arrest on Nov. 19.
Nissan Motor Co. confirmed the charges against it in a statement.
Nissan says making false disclosures greatly harms the company's integrity.